InvestorQ : What is the growth rate of a country to run its backforth poverty? Is there any body who is organized the data?
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What is the growth rate of a country to run its backforth poverty? Is there any body who is organized the data?

Answer
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Aditi Sharma answered.
3 months ago


a country like India would need to grow at close to 7.5 to 8% on an annual basis in real terms to be able to get a hang of poverty reduction. That would entail growing the per capita GDP to above $4000 from the current level of $2000 and that is only possible with high rates of GDP growth.